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Buying on the ask just feeds the shorts
Just do bid support if you want to buy.
You’re not jacked about the Bitcoin webinar?
Here is the upside.,..if they tout bigtoken crypto just a fraction of the amount they tout Bitcoin....we should go up.
Here is our options.
1- We retire the majority of OS via an ICO turning most of the shares into crypto. We go up over .10-.15 a share that week.
or
2- They reverse split us, do another capital raise, dilution, and effectively totally wipe out the ones of us who have been here 8-9 months.
On paper they have or plan to....
-Take 840M OS stock
-Gave Feldman about $15M for defunct camera company (840M shares)
-Added 157B other shares to SRAX holdings, Red Diamond, Lou Kerner’s....
-Plan to RS
If they do #2 they are fkd. The negative reviews/backlash on the app alone would hurt them a great deal.
Lou’s stock option alone is 15x the amount of shares pre merger (13B something)
They can’t be doing #2. It is sad we are closer to .002 (where most of us longs got in) than we are to .0084 (where SRAX announced the suspected poison pill)
This has been horribly managed by Miglino. He had YEARS to plan and execute this. We once had 7500 of so watchers on another thread. Now we have less than half that,
Yep. I think it explains the huge # of shares
ONLY Add Bid Support. Buying on the Ask only feeds the shorts.
Disagree. It will help. So will the initial coin offering
Just rolled over my old 401k from MDT (Fidelity) into an IRA. Should have enough in there for 200k shares. Buying 100k shares in IRA when it clears
90k shares on the bid at .0071
someone just sold 100k shares at .0069
WTF
70M retired in the OS? Down to 903M. LFG
352pm ask is still the same and 20k shares sold at .00726
Its definitely CFGN and started when they arrived
345pm
254k on the bid at .007
150k on the ask at .0075
someone sells 100k shares for .0069 at 345est
WTF?
I feel like that has to be MM or Broker selling Feldman shares. It’s always a .006852 type number, they don’t sell into the bid but will sell slightly lower than the ask all day with hidden numbers on L2 because they an extra few decimals normally. Its been like that for 2.5 months
I heard a radio ad last week. They know whats coming
shorts so scared. Lol
It’s coming.
up 13% and board dead
Bottom was in at .007 imo. Up from here
They diluted my ownership. I dont think there is 158b shares that are tradeable but the mkt cap is currently a problem. That has to get corrected. At its peak at .10 the market cap was 84M
Now the share price is at .007 and the market cap is over 20x its share price high. That has temporarily greatly diluted the value of our shares regardless of the actual shares hitting the trading mkt.
That’s why they have to be tokenizing them. A RS keeps the market cap the same initially....that’s not the answer. Converting/retiring shares to big tokens is the only answer or if they just RS us in a huge way we all get crushed. I just dont see that happening.
“As a new publicly traded company since the reverse merger with Force Protection Video Equipment Corp (FPVD), it’s important that we develop relationships with current and potential investors from the start”
That sentence is telling. They said current investors. They have done nothing to help existing investors since Lou’s “Why Im joining BigToken” post.
2 weeks ago the stock price was close to .02 leading up to the shareholder call where they wanted to announce recent accomplishments which was code for “we want to remind y’all that there will be a reverse split”. You could buy 3 shares today for what you could leading up to the call about their “accomplishments”.
This is either going to be very very good for us all or very very bad and they will get sued. Its already bad but Im talking a 1000/1 or 5000/1 reverse split and the stock is under a penny again soon after the reverse split. Miglino said that existing shareholders and debt holders would make up 11% of the ownership on a call in November about the reverse merger.
I still in my heart believe this is going to be very very good for us bc I cant see them adding 157.3B shares to the 840M OS and then doing a RS and then raising capital again. I mean doing all that would absolutely murder existing shareholders.
So I gotta think they plan to tokenize the majority of the 158B shares.
Regardless....Miglino has managed this horribly, They should have bought up most of the OS before FPVD began to get current. The profit on those shares alone would have removed the need for red diamond financing.
My only worry is it still comes across like existing share price for investor sentiment means nothing. Majority of the time they dont even include $FPVD in their tweets or PR’s. That is my only worry.
Miglino’s name and rep will always be awful imo
Bet short % was over 40% today
This is all Chris Miglino with SRAX. You’d think SRAX sp would be on the rise. News is close imo.
If they RS then dilute shares again....there will be a lawsuit imo. No way that can happen. They have to be making most of the OS “tokens” aka crypto coins that are trade-able. Thats the only thing possible that makes sense.
I have no idea why SRAX didn’t buy the majority of the OS from FPVD up like 450M to 600M from .0001-.0008 That would have easily gotten them close to the 89% ownership they wanted. I still have to think they did....only explanation of the huge runs that have occurred in this stock.
With Lou’s post last night and the announcement today with that investor pr firm....it’s obvious they are trying to raise the price. I just hope its not too late.
Lets Go
The price today is lower than it closed before SRAX announced the merger. Can you name a worse CEO than Chris Miglino?
Maybe the head man at Enron was worse? Need to fire Miglino!
Awesome
LOL
I have to think a capital raise means them selling their crypto.
Diluting shareholders by over 95% then RS then capital raise would almost be criminal to us longs.
Maybe the OS had to be listed as 200B from an accounting standpoint. This clearly doesn’t trade like a company with 2B OS much less 200B.
Here is what I hope....
-Name/Ticker change
-Announce retiring of OS for crypto (like 195B or more of the OS turned to crypto)
-Rocket to .50-.75
-RS of 10 to 1
-Nasdaq
When he said something to the effect of “those tokens should be tradable in the next few weeks” was he talking about Casper tokens/coins or Bigtokens?
same
I think the spike today was on the announcement that Lou is presenting at the large crypto conference
someone take out that huge wall at .0094?
HUGE
Better have the core position u want...especially with Calvin dropping cryptic tweets.
Bought my first $15 in crypto 3 weeks ago. Bought 10k since. I got the $15 from the Bigtoken app. Bigtoken pays you for your data. Free $15 in Bigtoken every week for only 2-3 mins a day.
I think its Feldman selling
Short volume gonna be way over 50% today
Its only thing that possible makes sense. Hope Lou being in Mexicalli is working on rollout.
Totally Agree.
Crypto solves for this ... pic.twitter.com/23G0fzFzrt
— Lou Kerner 📍NYC (@loukerner) April 21, 2021
The more I think about it....we cant go to Nasdaq with a B valuation....they have got to be tokenizing or coining shares imo. Just no way a 1.4B valuation will fly which if they coin a bunch of shares it will be great for us
same